Africa needs $213.4 billion in climate financing by 2030, with private sector investment crucial to closing funding gaps.
green energy
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South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.
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Minister Ramokgopa’s vision for renewable energy in South Africa faces obstacles, including grid capacity and regulatory delays. Reforms are needed to fast-track green energy.
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Italy is considering lifting its nuclear energy ban, with plans to draft new legislation by 2025, potentially transforming its energy landscape. Â
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Oando Energy underscores the need for Nigeria to boost crude oil extraction to support economic growth amidst global energy shift pressures.
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Eskom is seeking an executive to lead its new renewables division, a critical step in transitioning to sustainable energy and addressing South Africa’s power challenges.
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Eskom has decided to decouple its renewable energy rollout from its coal power station closure plan, aiming to accelerate the adoption of renewable energy sources.
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Energy TransitionIn the News
Green Energy Spurs Massive Reindustrialization Opportunity in South Africa
Experts at Nedbank suggest that South Africa’s transition to green energy could fuel a transformative wave of reindustrialization, unlocking new opportunities for economic growth and sustainability.
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In a significant achievement for South Africa’s renewable energy sector, a local company has secured second place in the prestigious Milken Motsepe Prize for Green Energy Competition. The recognition underscores …
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Energy Transition
Ethiopia’s Green Energy Revolution: How the Country Plans to Power Up with Renewables
Ethiopia is home to abundant renewable energy sources, including hydroelectric, wind, solar, and geothermal. With the potential to generate over 60,000 megawatts (MW) of electric power from these sources, the …